GLOBALIZATION AND ITS IMPACT ON FREE TRADE PPT.pptx
What is Globalization?
The consequences of Globalization
Role of Multinational Companies
Globalization is the process by which the
world Is becoming one market.
REDUCED TRANSPORT COSTS
ADVANCES IN COMMUNICATION
REMOVAL OF SOME TRADE
It is increasing competetion, with
consumers being able to buy a greater
range of products at relatively low prices.
It is also encouraging firms to locate
some of their production in the most
Economies becomes more suspectible to
A recession in one economy can have a
significant impact on other economies.